Suppose There Are 10 Million Part-Time Workers and 90 Million

question 14

Multiple Choice

Suppose there are 10 million part-time workers and 90 million full-time workers in an economy.Five million of the part-time workers switch to full-time work.We can conclude that:

• A)the official unemployment rate will fall.
• B)the official unemployment rate will rise.
• C)the official unemployment rate will remain unchanged.
• D)the size of the labour force will increase.

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Definitions:

Similar

Bearing resemblance or being alike in nature, form, function, or characteristics.

Cross-sectional Design

A research design that compares different groups of individuals at one single point in time to examine associations or differences among variables.

Different Ages

Refers to the various stages of life at which individuals experience different physical, cognitive, and emotional development milestones.

Longitudinal

A research design that involves repeated observations of the same variables over short or long periods of time.